ACADIA RLTY TR COM SH BEN INT 004239109 247 10000 SH SOLE 10000 0 0 AMERICAN CAP MTG INVT CORP COM 02504A104 3146 175000 SH SOLE 175000 0 0 APOLLO COML REAL EST FIN INC COM 03762U105 3970 250000 SH SOLE 250000 0 0 APOLLO RESIDENTIAL MTG INC COM 03763V102 4285 260000 SH SOLE 260000 0 0 ARES COML REAL ESTATE CORP COM 04013V108 5125 400000 SH SOLE 400000 0 0 ASHFORD HOSPITALITY TR INC COM SHS 044103109 578 50500 SH SOLE 50500 0 0 AVALONBAY CMNTYS INC COM 053484101 1349 10000 SH SOLE 10000 0 0 BLACKSTONE MTG TR INC COM CL A 09257W100 15450 625500 SH SOLE 625500 0 0 CBS CORP NEW CL B 124857202 489 10000 SH SOLE 10000 0 0 EQUITY RESIDENTIAL SH BEN INT 29476L107 871 15000 SH SOLE 15000 0 0 HOWARD HUGHES CORP COM 44267D107 1681 15000 SH SOLE 15000 0 0 MFA FINL INC COM 55272X102 57253 6775464 SH SOLE 6775464 0 0 NEWCASTLE INVT CORP COM 65105M108 2092 400000 SH SOLE 400000 0 0 POST PPTYS INC COM 737464107 371 7500 SH SOLE 7500 0 0 SIMON PPTY GROUP INC NEW COM 828806109 1579 10000 SH SOLE 10000 0 0 SPIRIT RLTY CAP INC COM 84860F109 886 50000 SH SOLE 50000 0 0 STARWOOD PPTY TR INC COM 85571B105 37125 1500000 SH SOLE 1500000 0 0 TAUBMAN CTRS INC COM 876664103 2630 35000 SH SOLE 35000 0 0 TRI POINTE HOMES INC COM 87265H109 415 25000 SH SOLE 25000 0 0 TWO HBRS INVT CORP COM 90187B101 55863 5450001 SH SOLE 5450001 0 0